brochure ppd synopsis

8/13/2019 Brochure Ppd Synopsis

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PUBLIC POLICY & DEVELOPMENT

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Course Booklet


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Course Booklet

Table of contents

M1 courses 5

Microeconomics, Markets and market failures: theory and public policies 5

Competition and Regulation 5

Macroeconomic policies 5

Economic Growth 6

Public Economics : Tax and Transfer Policies 6

Econometrics 1 7

Econometrics 2 7

Econometrics 3 7

STATA Practice Class 7

Econometric teamwork 8

Measurement of policy outcomes: socioeconomic variables and well-being 8

The distributional challenges of globalization 9

Social Policies 9

Mathematics and Statistics for Economic Analysis 10

CEPREMAP Conferences 10

Law and Economics 10

Internship 11

M2 courses 12

Common core - semester 1 & 2 12Evaluating public policies 12

Empirical methods for Policy Evaluation 12

Introduction to Political Economy 13

Masters Thesis 13

Elective advanced courses to choose for 27 credits 13

Social Policies 13

Economics of education 13

Economics of inequality 14

Economics of labour and social policies 14

Practices of Care and Dependence Policies in France 14

Health Economics and Health Policy 15

Risk, incomplete contingency markets and micronance policy 15Demography and Ageing 15

Labour Market Policies 16


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Master PPD

Topics in Labour Economics 16

Public Finance 16

Income level, Income Distribution and Subjective Well-Being 17

Global Policies 17

Development economics 17

Urban Issues 18

Trade 19

Aid, Debt and International Finance 19

Economic Geography, Spatial Inequality & Regional Development 19

Sustainable Development and Climate Change 20

Migration & Migrants - immigration, Citizenship, Churches-State

and Antidiscrimination Policies and Laws 21

National Governance 21

Industrial Dynamics in Japan and Korea : rms strategies and public policies 21

Economics of Corruption 21

Economics of Regulation in Developing Countries 22

Conict and Development 23

Quantitative Methods 23

Survey Design and Analysis 23

Micro-simulations and Public Policies 24

Short-term Economic analysis 24

Conferences 25

CEPREMAP Conferences 25


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Course Booklet

To the reader:

This document presents the course syllabi for the current academic year.

In the interest of improving course offerings, the PSE Programmes require stu-

dents to evaluate their courses therefore the contents of these might be modi-

ed or adapted the following year according to the feed-back received.

The location of the courses and the semester they are taught in may also

change every year.


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M1 courses

Microeconomics, Markets and market failures: theory and public policies

Location:CIUP Year:M1 Semester: S1

Lectures:36h Tutorials:18h ECTS:6Teachers:Rachid LAAJAJ, Thomas BREDA

Teaching assistant: Ricardo ESTRADA

Presentation: The aim of this course is rst to bring to students the various tools of microeconomic

theory. It will insist on providing students with a deep understanding of a range of microeconomic

principles and on fostering their ability to apply those principles to practical economic policy and

international development issues. It will do so by alternating the teaching of theoretical concepts

and discussion and examples of their application to the analysis of policy issues. The course will

cover consumer theory and applications, production theory and applications, choice under uncer-

tainty, partial and general equilibrium, externality and public goods, and monopoly and pricing. It will

include an introduction to game theory as well as some elements of contract theory. Applications will

embrace public policy issues of both industrialised and developing economies. They will be chosenamong topics as diverse as comparison of living standards, impact of minimum wage policies, or the

access to insurance for the poor

Competition and Regulation


Lectures:12h Tutorials:6h ECTS:3

Teacher: David SPECTOR

Teaching assistant: Ricardo ESTRADA

Presentation:This class is about the application of microeconomic reasoning to competition policy.

It addresses the main elds of competition policy, namely anticompetitive agreements (collusion),

unilateral exclusionary conduct, and merger control. For each of these, the focus is on an assess-

ment of actual cases using the tools of industrial organization theory.

The class will be kept as little technical as possible. However, models are sometimes an unesca-

pable necessity. Students lacking familiarity with simple game theory are encouraged to acquire it.

The subject is vast and this class can be only a introduction, leaving many important subjects aside.

In order to better understand the context and how economic reasoning is applied in practice, stu-

dents are encouraged to browse the issues of the Competition Policy Newsletter issued by the

European Commission.

Macroeconomic policies

Location:CIUP Year:M1 Semester: S1&S2

Lectures: 36h Tutorials:18h ECTS:6

Teachers:Anne EPAULARD, Marc RAFFINOT

Teaching assistant: Tuotuo YU

Presentation: The aim of the course is to give students an overview of economic policies in ad-

vanced and developing economies. The course will make regular references to the basic models of

macroeconomics (ISLM, AS/AD, Solow, Phillips curve ), and present more advanced models (cur-

rency crises, dynamic inconsistency,) as needed. Each lecture will be illustrated by country casestudies.


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Course Booklet

Economic Growth

Location:JOURDAN Year:M1 Semester: S1


Teacher:Alain DESDOIGTS

Teaching assistant: Tuotuo YU

Presentation: This course covers the theory of economic growth. We will present some aspects ofgrowth empirics, and focus on specic topics, including economic growth and innovation, as well as

some implications of inequality on economic growth. Because economies interact with each other,

we shall also emphasize some linkages between trade and growth, as well as some process of eco-

nomic development through, for instance, technology transfers.

A prerequisite is David Weils textbook:

- D.N. Weil (2009) Economic growth, 2nd ed., Pearson.

Why are some countries rich and others poor? David N. Weil, one of the top researchers in eco-

nomic growth, introduces students to the latest theoretical tools, data, and insights underlying this

pivotal question. By showing how empirical data relate to new and old theoretical ideas, Economic

Growth provides students with a complete introduction to the discipline and the latest research. With

its comprehensive and exible organization, Economic Growth is ideal for a wide array of courses,including undergraduate and graduate courses in economic growth, economic development, macro

theory, applied econometrics, and development studies.

The two essential book manuscripts for this course are:

1/ P. Aghion & P. Howitt (2009) The economics of growth, MIT Press.

A central puzzle of growth theory is to account for sustained productivity increase in the face of

diminishing returns. Aghion and Howitt describe, with great clarity and verve, the main explana-

tions that growth theory has proposed: from denial of the reality of diminishing returns to capital to

Schumpeterian creative destruction, with intervening stops for exogenous and endogenous techno-

logical progress. An industrious reader can end up poised at the current analytical frontier, prepared

to think about open questions and new issues.

Robert Solow, Department of Economics, MIT, and winner of the 1987 Nobel Prize in Economics

2/ C.I. Jones (2002) Introduction to economic growth, 2nd ed., W. W. Norton & Company, Inc.

One of the hottest elds in contemporary macroeconomics, economic growth is both fascinating

to theorists and critically important to policy makers. In Introduction to Economic Growththe only

text in the eld designed specically for advanced undergraduatesCharles I. Jones explains in

clear, direct language how economists have come to understand the long-run growth of economies.

Beginning with empirical evidencehow rich are the rich countries, how poor are the poor, and how

fast do the rich and poor countries grow? Professor Jones then presents the major theories of

economic growth, from the Nobel Prize-winning work of Robert Solow to the new growth theory that

has ignited the eld in recent years.

Public Economics : Tax and Transfer Policies


Lectures:24h ECTS:3

Teacher:Thomas PIKETTY

Presentation:The objective of this course is to present the basic tools and concepts of modern

public economics, with special emphasis on the incidence of tax and transfer policies, both in deve-

loped countries (EU, US) and in the developing world. The course will be organized in 8 lectures of

3 hours. There will be no formal exam. In order to validate the course, students are required (1) to

attend and actively participate to all lectures; (2) to make one formal presentation during the lec-tures; possible presentation topics are listed below (pres1, pres2, etc.). Students wishing to validate

the course should choose a presentation topic and inform the teacher as soon as possible.

Course website: http://piketty.pse.ens.fr/fr/enseignement/10-page-statique/18-pubecon


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Master PPD

Econometrics 1

Location:CIUP/JOURDAN Year:M1 Semester: S1

Lectures: 15h Tutorials: 12h ECTS:4

Teacher: Karen MACOURS

Teaching assistant: Jean Noel SENNE

Presentation: Linear econometrics model, tests and instrumental variables.The objective of the course is enabling students to critically read empirical studies that use different

econometric techniques to address policy questions, to identify some of the most common econo-

metric problems in these studies, and to understand the potential consequences and remedies. At

the end of this course, the students should be able to analyze data using the most common estima-

tion techniques and with the help of statistical software (STATA).

Econometrics 2


Lectures: 15h Tutorials:12h ECTS:4

Teacher:Marc GURGAND


Presentation: The lecture covers the main microeconometric techniques that are used in policy

evaluation: random experiments, matching, difference-in-difference, regression discontinuity and

instrumental variables, with particular emphasis on local average treatment effect.

Econometrics 3



Teacher:Luc BEHAGHEL


Presentation: This course complements the two econometric classes (linear econometrics and

evaluation econometrics) dealing with specication and identication issues arising when data

are discrete and when samples are not randomly selected from the initial population. This allows

us to introduce some slightly technical tools (conditional maximum of likelihood) and also to get a

concrete grasp of the tradeoffs empirical econometricians face, between simple, robust models like

the linear probability model, and more satisfactory, but also sometimes less robust models.

The fourth lecture gives an introduction to panel data models.

The last session drives the students through a real data application on sample selectivity bias.

STATA Practice Class


Tutorials: 4h

Teacher:Jean Noel SENNE

Presentation: The aim of this class is to give some basic knowledge of STATA software for statis-

tical and econometric analysis. This class is divided in 2 sessions (2 hours each) and based on a

handbook, available from the tutorial section below.

Students can nd in the handbook a quick introduction to the software and a detailed description of

the basic and most useful commands, as well as a tutorial and its (do le) solution in appendix.


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Course Booklet

Econometric teamwork

Teaching assistants: Pauline CHARNOZ, Mathilde GAINI

Presentation: The teamwork in econometrics is part of the requirement for the PPD master stu-

dents. It accounts for 3 ECTS. It is the opportunity for you to apply econometric methods on econo-

mic questions of your choice, using real datasets. Pauline Charnoz and Mathilde Gaini can assist

you on technical questions and supervise your work. Dont hesitate to request help from the instruc-

tors.Set up and requirements:

1. Choice of the topics: a list of suggested topics is sent to the students, you ordinate all the topics

according to your preferences (from the topic you are the most interested in to the topic you are

the less interested in) and you send this list of preferences to the teaching assistants that will

assign the topics forming teams of two students.

2. First meeting (half an hour) with Pauline Charnoz/Mathilde Gaini: You present the paper/topic you

have been assigned to. For the mid of November, you send a short description (max. 5 pages) of

the topic (question; draft of literature review; description of the data you plan to use).

3. Second meeting (half an hour) with Pauline Charnoz/Mathilde Gaini: Before this meeting, you

write a report of about 10 pages which will be a part of your nal report and send it to PaulineCharnoz and Mathilde Gaini. You will have to write an introduction, to present descriptive statis-

tics, the methodology, the reproduction of the main results of the article and discuss the exten-

sions you plan to do.

4. Third Meeting (an hour): You send a rst draft of your report to Pauline Charnoz and Mathilde

Gaini. The rst 15 mns of the meeting will be devoted to a fake exam.

5. Validation: The evaluation of your work is based on a short report (10 to 20 pages, including result

tables), common to the team, and an oral presentation, where each student must present part of

the joint work. You must also include an appendix with the statistical codes you have used (from

the original dataset to the results); this is not counted within the 10 to 20 pages.

In the presentation, you are encouraged to use slides. The presentation lasts 15 minutes, followed

by questions. The jury is made of Pauline Charnoz /Mathilde Gaini and one of the instructors.Timeline:

October Assignation of topics

Mid-October 1st meeting to validate the topic and organize the work.

Mid November Send a short note to Pauline Charnoz/Mathilde Gaini

Mid January Send draft of the rst part to Pauline Charnoz/Mathilde Gaini

Late January 2nd meeting with Pauline Charnoz/Mathilde Gaini

Mid March Send draft of the report to Pauline Charnoz/Mathilde Gaini

March 3rd meeting with Pauline Charnoz/Mathilde Gaini

Mid April Reports due by email to [email protected] of April Oral presentation

The nal grade is based on the written report and on the oral presentation. A minimum mark of

10/20 is required. There is no catch-up exam ( session de rattrapage ).

Measurement of policy outcomes: socioeconomic variables and well-being


Lectures: 24h ECTS: 3

Teachers: Denis COGNEAU, Julien GRENET

Presentation: How do we assess the effectiveness of measures taken to pursue social objectives?This course aims to discuss the quantitative measurement of the main socioeconomic variables

used in the evaluation of public policy, in both developed and developing countries. These include

GDP, poverty and inequality, employment and unemployment, health and education, segregation,


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Master PPD

environmental indicators. First, the course surveys the conceptual debates around denitions of va-

riables: wealth and growth, poverty and inequality, labor productivity, education, health etc. Second,

it develops the axiomatic arguments (with their varying degrees of mathematical reasoning) that

may lead one to choose an indicator over another. Special attention is given to the issues raised by

agent heterogeneity and multidimensional welfare. Then, the course will analyze how those theore-

tical indicators are materialized and calculated on actual data, such as can be obtained from natio-

nal accounts, administrative sources or sample surveys. A central goal of the course is to enable

students to better understand several controversial issues, in which measurement problems play

a major role: is poverty declining or rising? What about unemployment? How do different countries

compare, in terms of development, living conditions or education?

The distributional challenges of globalization


Lectures:24h ECTS: 3

Teacher: Franois BOURGUIGNON

Presentation:Economic analysis suggests the various forms of globalization increase the efciency

of the global economy in agreement with the well-known model of international trade. This is true,however, only under a set of conditions that need to be identied. On the other hand, this aggre-

gate efciency argument does not say anything about the distributional effects that globalization

may have. Even if the total welfare gain is positive, some agents may gain proportionally less than

others and some may even lose. The social tensions that globalization may generate must be found

in those distributional asymmetries, and to the difculty to implement mechanisms that would com-

pensate the losers. This course will review the main distributional effects of globalization under its

different forms, as they could be observed over the last 15 to 20 years. It will try to establish whether

these effects are those predicted by economic theory and whether they can be compensated by

redistribution policies. The various channels of globalization covered in the course will include: the

ow of goods and services, of capital, of people (migration), ofcial development assistance, tech-

nological transfers and intellectual property rights, and nally global externalities, emphasizing glo-bal warming. A nal chapter will be devoted to the issue of global governance.

Social Policies



Teachers: Pierre PESTIEAU, Francisco FERREIRA

Presentation:Part 1: Economics of Social Protection (Pierre PESTIEAU)

This short course will provide an introduction to the economics of social protection. It will focus on

four themes: (i) designing sustainable social programs, (ii) assessing the performance of social pro-tection, (iii) private versus social insurance and (iv) the social desirability of tagging, workfare and

in-kind transfers.

Part 2: Social Policies in Developing Countries (Francisco Ferreira)

This is a 12-hour introductory course about the design, analysis and evaluation of public poli-

cies with social objectives in developing countries. In Lecture 1, we discuss what constitutes

the appropriate social objective for policy, by means of a brief overview of modern theories of

social justice from utilitarianism to Amartya Sens capability approach and the recent theo-

ries of equality of opportunity. In light of those approaches to social justice, Lecture 2 discusses

the concrete objectives of and constraints to anti-poverty policy-making in LDCs, and provides an

overview of its different domains from investment in human capital and infrastructure provision to

social protection.Lecture 3 narrows the focus, and considers in more detail the rationale for, design and impacts of

one particular policy example, namely conditional cash transfers. Lecture 4 introduces the basic


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Course Booklet

concepts of ex-post and ex-ante impact evaluation for assigned policies and programs. In Lecture

5 we have ve student-led presentations of policy case studies on the topics of education demand-

side and supply-side interventions, and afrmative action policies. The nal lecture considers the

assessment of the distributional consequences of economy-wide shocks and policies, such as sharp

changes in exchange rate or a deliberate process of trade liberalization.

Mathematics and Statistics for Economic Analysis


Lectures: 24h Tutorials: 12h ECTS: 3

Teacher: Jrmie GIGNOUX

Teaching assistant: Manuel MARFAN

Presentation: The course is not compulsory but higly recommanded for PPD students.

This course aims at providing students with both an understanding and some practice of the core

techniques of Statistics and Mathematics for economists, the command of which proves neces-

sary for subsequent courses in Econometrics and economic analysis. The course has two parts:

the three rst lectures are devoted to Statistics and the ve following to Mathematics. The Statis -

tics part begins with the properties of random samples (including normal samples and convergence

concepts), before turning to point estimation and hypothesis testing (using the maximum likelihood

approach primarily). The Mathematical part covers the core methods for static (including the reso-

lution of the Lagrange and nonlinear programming problems) and dynamic optimization methods

(using the maximum principle primarily) and includes a chapter on the resolution of differential equa-

tions. The course is taught primarily for students who do not have a strong background in quantita-

tive methods.

CEPREMAP Conferences

Location:CIUP/JOURDAN Year:M1/M2 Semester: S1&S2Lectures: 24h ECTS:3

Presentation: The CEPREMAP conferences are single-conferences or mini-courses performed by

senior economists from national or international administrations or institutions. They will present a

policy question and how their institution manages it and proposes prescriptions. For a given confe-

rence, you have to prepare it by groups including - before the conference: a short text on the orator,

her/his work and a survey on the theme of the conference.

- during the conference : questions for launching the discussion

The size of the group is proportional to the length of the conference.

There is no exam but a validation taking into account the collective job of each group and the indivi-

dual presence at the complete cycle of conferences.

Full program is available beginning of October.

Law and Economics

Location:JOURDAN Year:M1 Semester: S1&S2

Lectures: 24h ECTS:3

Teacher: Richard BROOKS

Presentation: Parties engaging in economic activity typically organize their relationships through

contracts, ranging from simple one-shot xed price and quantity exchanges to complex on-going

business relations such as partnerships and other organizational forms. In this course we will exa-

mine the design of these arrangements and the body of law that governs them.

The course integrates several literatures from economics and law, including basic contract law and

theory, the law & economics remedies, new institutional economics and the law of business asso-


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ciations. The aim is to cover the intersection of these literatures-not the sum of them, which would

require many semesters-in order to shed light on certain fundamental legal and economic features

of contracts and business organizations. A central topic of the course will be to study contractual

solutions to the hold-up problem. Beginning with seminal articles in the bilateral trade literature and

the literature on breach remedies, the course introduces students to the most recent theoretical

developments of the eld using a uniform notional apparatus. Moving from theory to applications,

the course closes with recent empirical analyses of contracting.

Internship

Year:M1 Semester: S2

ECTS: 9

Teacher: Flore GUBERT

Presentation: Each year, an information email on internships is sent in October to the freshmen.

Internship has to be of at least two months, not more than four, between May and the end of August.

The M1 internship is carried out under the supervision of Pr Flore Gubert.

Students are encouraged to contact directly the institution where they are planning to make their

internship as early as they have discussed their project with Prof. Gubert.

Students have then until the end of March to submit to the PPD administration the name of their

host institution.

For those who will be making their internship abroad, PSE can contribute nancially to cover some

of the expenses that would not be covered by the host institution.

The students will be marked only based on the internship report. An informal interview with Prof.

Gubert will take place in October of the following year to discuss some of the points that would not

have been mentioned in the report.

Regarding the rapport de stage in itself: The contents of the report depend on the internship.

Here are a few examples: If you are a research assistant and are involved in a research project,

your report should describe the project (research questions, data, methodological issues, etc.) and

tell us how you were involved, the difculties you faced if ever, the results you obtained, what you

learnt, and so on.

If you are in charge of writing short notes on various subjects, then your report may be a compila-

tion of some of them, with a short introduction describing how the internship went, the difculties you

faced if ever, and so on.

If you are member of team evaluating many projects and are not involved in one of them in particu-

lar, then your report should rst describe the main tasks of the team, the type of projects they eva-

luate, the methodology they use, and then tell us how you were involved, what you learnt, etc.

In any case, do not be too long (20 pages or so). Be precise on the tasks you performed, what you

learnt, the difculties you faced if ever, what could be improved, etc.The report is aimed at giving us a clear idea of what you did during your internship and at evaluating

whether the internship was appropriate or not.


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Course Booklet

M2 courses

Common core - semester 1 & 2

Evaluating public policies



Teachers: Martin RAVALLION, Julien GRENET

Presentation :

Part 1: The role of economics in the formulation, adoption, and implementation of public policy

(Julien GRENET)

This course is intended to examine the role that economics plays in the formulation, adoption, and

implementation of public policy, with strong emphasis on combining theoretical models with empi-

rical evidence. Although the concepts and tools of public policy evaluation that will be covered in

class are of wider applicability, the institutional context will be mostly European and North American.

The rst lecture will develop the framework of social welfare analysis, by discussing the economic

rationale for government intervention and the use of microeconomic tools to evaluate the relative

merits of alternative policies. The next lectures will apply this framework to three broad public policy

questions: externalities, public goods and social insurance.

Note that the course will not address topics related to government taxation (tax incidence, transfer

policies, income and capital taxes, etc.), which have been covered in the Public Economics: Tax &

Transfer Policies compulsory M1 course.

Part 2: Development Policies: Measurement, Analysis and Evaluation (Martin RAVALLION)

Empirical methods for Policy Evaluation



Teachers: Francesco AVVISATI, Teodora XENOGIANI, Roland RATHELOT, William PARIENTE

Presentation: This course will provide an in-depth presentation of the theory and practice of empi-

rical policy evaluation. It will distinguish between two approaches: First, methods based on natural

experiments, whereby some reform or outside event has features such as exogeneity or discontinui-

ty, that allows to form otherwise comparable groups, that are respectively affected and unaffected by

the policy to evaluate. Second, methods based on controlled eld experiments, in which the popu-

lation submitted to the policy is randomly determined, so that it is strictly comparable to a controlled

group. These methods will be presented by practitioners who will get into the details of implementa-

tion and provide a number of applications.

This course is composed of two modules: (Module I including parts 1 and 2 and Module II including

parts 3 and 4).

Each module will be concluded with an exam. The average of two modules will constitute the nal

mark.

For Module I (F. Avvisati, T. Xenogiani) the take-home exam will consist in writing a referee report on

an empirical paper.


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Master PPD

Introduction to Political Economy



Teacher:Ekaterina ZHURAVSKAYA

Presentation: The course introduces students to the central concepts and research questions in

the contemporary eld of Political Economy with a special focus on empirical applications.

The course evaluation consists of class participation (30%), one three-page doubleinterval essay

(40%), in-class exam (30%).

Recommended background reading:

- Persson, Torsten and Guido Tabellini (2000) Political Economics: Explaining Economic Outcomes,

MIT Press.

- Besley, Tim (2006) Principled Agents: Selection and Incentives in Politics, Oxford Univ. Press.

- Acemoglu, Daron and James Robinson (2006) Economic Origins of Dictatorship and Democracy,

Cambridge Univ. Press.

- Grossman, Gene and Elhanan Helpman (2001) Special Interest Politics, MIT Press

Masters Thesis


ECTS:24

The M2 masters thesis is carried out under the supervision of a research supervisor. Students are

encouraged to contact an instructor working on topics of interest to the student and to discuss pos-

sible thesis topics. Instructors also propose each year topics that students may wish to pursue.

The nal choice of a masters thesis supervisor must take place, at the latest, in January of the M2

year. A masters thesis proposal (3 pages maximum), signed by a research supervisor, must be sub-

mitted to the programme administration before mid-January.

All PPD instructors can serve as research supervisors for the masters thesis. If your thesis subject

justies it and with the approval of the director of the course, you may choose a supervisor from out-

side the course.

The masters dissertation counts for 40% of the nal grade.

The masters dissertation is graded on a scale of 0 to 20, at the conclusion of the defence which

lasts roughly 45-60 minutes before a jury composed of the masters dissertation and a rapporteur.

Elective advanced courses to choose for 27 credits

Social Policies

Economics of education

Location:ENSAE Year:M2 Semester: S1


Teachers: Marc GURGAND, Luc BEHAGHEL

Presentation: This course provides an introduction to the economic analysis of the investment in

and the provision of education. The theoretical background is presented and linked to the empirical

evidence.

Grade will be based on presentations (25%) and an exam (75%)


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Course Booklet

Economics of inequality



Teacher:Thomas PIKETTY

Presentation: The main objective of this course is to present recent research in the area of income

and wealth distribution and to suggest research topics to students wishing to work in this domain.The issue of inequality will be treated both from an historical perspective (how did income and

wealth distributions evolve since the 19th century, and how can we account for these changes?) and

from a theoretical perspective (positive models of income and wealth distribution dynamics, norma-

tive models of optimal taxation and redistribution, etc.). The course will also address the most recent

evolutions and implications for economic and social policies (what will be the impact of the current

crisis on the structure of income and wealth distributions? what are the prospects for redistribution in

the early 21st century?). An active participation of students is required. Students looking for a topic

for their master dissertation are requested to examine all areas covered in this syllabus, as well as

in the syllabus of previous years (available on-line).

Course material will be posted on T. Pikettys website: http://piketty.pse.ens.fr/fr/enseignement/10-

page-statique/17-ecoineg

Economics of labour and social policies



Teacher:Eric MAURIN

Presentation: Ce cours avanc de 24 heures est enseign en franais et traite de thmes de

recherche dactualit dans le domaine des politiques sociales comme lducation, la politique fami-

liale, la politique pnale ou les retraites. Les cours sappuient sur des articles fondateurs ou rcents

sur ces thmatiques.

Liste des thmes abords:

1- Mesure de la sgrgation urbaine (et scolaire) et de ses effets

2- La politique des 35 heures et ses effets sur lallocation du temps dans les familles

3- Politique pnale et comportements de rcidive; Politique scuritaire et crime

4- Politiques de dmocratisation scolaire et valeur des diplmes

5- Politiques petite enfance et dveloppement des enfants. Politiques dimplication scolaire des

parents et comportement des lves

6- Solidarit et transferts intergnrationnels

7- Systmes de retraite et pauvret

8- March du travail et ge9- Sant, Invalidit, Dpendance

Practices of Care and Dependence Policies in France

Location:IMM Year:M2 Semester: S1


Teacher: Florence WEBER

Presentation: The course is based on a collective eldwork aiming to understand how practices of

care-work are inuenced by social policies towards dependent people in France. We have investi-

gated into two French local governments and public services, examining the complex public regu-lation of care-work, from instituting diplomas to xing prices and to subsidizing needs . At each

stage (diplomas, prices, subsides) we analyze the social trajectories of the street-level bureaucrats

in charge of it and of the managers of this new economic sector, their professional ethics and their


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Master PPD

social networks, trying to describe a specic professional world. Meanwhile we examine the conse-

quences of these policies upon female unqualied labor and upon male and female family care. This

course is taught in French.

Health Economics and Health Policy

Location:JOURDAN Year:M2 Semester: S1Lectures: 24h ECTS:3

Teachers: Pierre-Yves GEOFFARD, Karine MILCENT, Marc STABILE, Bndicte APOUEY

Presentation:Course outline:

1- Overall Introduction - P.-Y. Geoffard

2- Provider payment - C. Milcent

3- Health care reforms in China - C. Milcent

4- Child health: Education policies - M.Stabile

5- International comparison of health systems - M. Stabile

6- Health inequalities - B. Apouey

7- Health technology assesment - P.-Y. Geoffard

8- Health Insurance - P.-Y. Geoffard

Risk, incomplete contingency markets and microfnance policy



Teacher:Flore GUBERT

Presentation: This course provides an overview of the micronance industry: its origins, evolution,

theoretical underpinnings, and empirical evidence. Through lectures and case studies, it focuses onboth the practices of existing micronance institutions and on the basic issues and policy debates in

micronance, such as impact assessment, poverty targeting and measurement, and sustainability.

Demography and Ageing



Teachers: Didier BLANCHET, Gilles SPIELVOGEL

Presentation:

Part I: Ageing and pension policy (Blanchet)The rst part of the course is devoted to economic consequences of ageing for developed countries,

with a specic focus on pensions. Basic facts about ageing will rst be recalled, along with a basic

presentation of tools used by demographers to model changes in age structure. General economic

consequences of demographic change will then be reviewed : implications for growth, for labour

market equilibrium and for global public expenditures.

The rest of the course will exclusively focus on pensions. Consequences of ageing for pension sys-

tems under no-reform scenarios will be discussed. We shall then review the main types of policies

suggested to adapt pension schemes to the new demographic context: adjustment of contributions

rates or benet levels within existing PAYG schemes, increasing the share of funded pensions,

rising the retirement age. On this last question, a specic attention will be devoted to examining both

the supply and demand side of senior employment.Part II: Fertility and Population Policies in Low Income Countries (Spielvogel)

In this part of the course, we discuss population issues in low income countries. We start by exa-


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Course Booklet

mining theoretically and empirically the macroeconomic linkages between population and develop-

ment. Then we discuss unied growth models that link the demographic transition to the process of

industrialisation. The course shifts then to the microeconomic foundations of population growth. We

discuss different models of fertility along with their empirical tests, in particular demand side models

and models of social interaction. Drawing on the insights from these models, we nally debate about

the pro and cons of family planning programs.

Labour Market Policies



Teacher: Philippe ASKENAZY

Presentation: During the past 4 decades, the struggle against unemployment remained at the

top of the agenda of policy makers. The historical and institutional perspective focuses on the key

connections between new facts, new theories or paradigms of the labor market, and ultimately im-

plemented micro and macro policies, in France and other countries, including developing countries.

The comparative perspective of the current policies proves that national socio-economic conditions

play also a major role in the variety of responses to unemployment and labor market inefciencies

There is no exam but students have to prepare a presentation on specic topics in December or

January (in case of afuence, small groups are constituted).

Dans le cas dun public francophone, les politiques de lemploi en France serviront de trame histo-

rique principale la premire partie du cours.

Philippe Askenazy, CNRS-PSE & Christine Erhel, CEE/Univ. Paris1

Topics in Labour Economics



Teacher:Barbara PETRONGOLO

Presentation: The aim of this course is to acquaint students with current theoretical and empirical

topics in labor economics and to encourage the development of independent research interests.

The course has a strong applied focus. For each major topic covered we will derive testable impli-

cations, provide insights into the research methodology, discuss the advantages and limitations of

existing empirical work, and draw policy conclusions. Topics include: Overview of main labor mar-

ket stylized facts; Unemployment: theory and evidence; Labor market institutions: minimum wages,

unemployment compensation, employment protection, unions; Job search frictions and monopsony;

Migration; Incentives in the labor market and efciency wages.

Public Finance



Teacher: Sandrine DUCHENE

Presentation: Public nance has arisen as a key issue in Europe, as far as reaching a sound bud-

getary position is a major requirement of the Stability and Growth Pact. This question is not some

kind of bureaucratic concern: the current debt burden, implying massive transfers to future

generations, seems to be now a popular question in the public opinion. But when the necessity of

monitoring public nance is not in debate, the analytic framework is not quite clear. And there is no

agreement on the instruments to meet the objective. The main questions are: what are the pertinenttargets? What is the proper term for action (short, medium, long term)? What is the most success -

ful, cutting expenditure or raising taxes? How can we deal with the trade-off between efciency and


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Master PPD

equity when implementing reforms? The purpose of this course is to give some theoretical, empirical

and practical material to these questions, in line with recent developments of economic analysis in

the eld of public nance.

Income level, Income Distribution and Subjective Well-Being

Location:JOURDAN Year:M2 Semester: S1Lectures: 12h ECTS: 1.5

Teacher: Claudia SENIK

Presentation: The research eld of subjective well-being (SWB) has recently experienced remar-

kable growth, largely centred on the statistical analysis of large-scale representative surveys (often

panel data) including subjective evaluations such as self-reported life or job satisfaction, or other

measures of mental well-being. Further, SWB is one of the perhaps rare subjects that have inspired

research across a variety of social science disciplines, with key contributions in Economics, Psycho-

logy, Political Science and Sociology.

Using subjective variables can help address various policy questions for which standard methods

of analysis have not sufced to provide unambiguous results. Income distribution, income compari-

sons and other types of social interactions and preferences interdependence clearly enter the eld

of phenomena for which the usual method of action-revealed preferences cannot be implemented,

and for which the recourse to subjective data can be helpful.

The main motivation of the subjective well-being literature is the famous Easterlin paradox that

the average self-declared happiness does not increase during periods of sustained income growth

(in post-war Japan for instance). Hence, raising the incomes of all will not increase the happiness

of all (Easterlin, 1974). The reasons for this paradox are usually taken to be income comparisons

and adaptation, both phenomena which destroy the welfare benet of growth.

This course presents this new literature and how it has shed light on the issue of income inequa-

lity, income comparisons and the need for a public intervention aimed at correcting these gaps. The

main questions addressed by this literature are: what degree and which type of correction of income

inequality are desired by the population, and for which motives.

This question has endorsed a new actuality, with the rise in income inequality, including wage ine-

quality, in the countries of the OECD, starting in the 1980s (Atkinson and Piketty, 2007). On the

other hand, the weight of government transfers for income redistribution has doubled in developed

countries since the 1960s (Alesina and La Ferrara, 2005). Given the importance of income inequa-

lity and of policies aimed at reducing it, it is important that for economic research to provide some

information about the subjective perception of these phenomena.

Course outline:

- Income growth and subjective well-being

- Income comparisons and subjective well-being

- Adaptation, aspirations, expectations and subjective well-being

- Political preferences and the demand for redistribution.

Global Policies

Development economics

Location:ENSAE Year:M2 Semester: S1


Teachers: Sylvie LAMBERT, Christelle DUMAS

Presentation:After an introductory lecture on world poverty and inequalities, this lecture aims at

introducing students to the micro aspects of development economics. Students are required to mas-

ter the main notions of micro. The main topics that will be dealt with are the following: Health, nutri-


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Course Booklet

tion and productivity; Intra-household allocation and gender bias; Rural households models, land

tenancy, rural labour market; Credit and insurance markets; Migration; Education and Child Labour,

Technology adoption.

Urban Issues

Location:JOURDAN Year:M2 Semester: S1Lectures:12h ECTS: 1.5

Teacher:Harris SELOD

Presentation:

Objectives of the course

We propose to discuss

- The organization and functioning of cities (intra-urban)

- Some market failures & distortions that may justify policy interventions

- The policies to correct these market failures / distortions

This will be done through selected themes

- Spatial mismatch

- Slums + land and housing tenure informality

- Residential segregation

Time permitting, other topics could be explored

Some other important (interrelated) themes

- Congestion (everywhere)

- Air, water and ground pollution (everywhere)

- Challenges of uncontrolled urbanization, including issues of service provision (developing

countries)

- Crime (big cities in US, South Africa, Kenya, Brazil,)For each theme, we want to discuss:

- The causes (market and non-market causes)

- The implications (labor market, the environment, etc.)

- The appropriateness / inappropriateness of policies

These topics can be studied in the light of economic theory

- Urban economics (city formation and land use)

- Economic geography (agglomeration economies)

- Housing economics (housing and real estate, including tenure choice, housing nance, price deter-

mination)

- Transportation economics (transport mode choice)

- Urban public economics (property and land taxation, city nance)

- Environmental economics (pollution)

- Labor economics (urban labor markets)

- Economics of education (social interactions: neighborhood and peer group effects, social norms)

- Economics of crime (opportunities for crime, probability of punishment, social norms)

It is important to understand the functioning of cities

- Why do cities exist? What functions do cities perform?

- What spatial patterns characterize cities? How and why do

- They change over time?

These topics can be studied in the light of economic theory but require insights from other sciences


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Master PPD

- Geography (e.g. access to well water and fragmentation)

- History (initial conditions and possibly path dependence)

- Political science (understanding interest groups, formation of jurisdictions,)

- Urban planning (planning tools and practices)

2. Grading

Students will be graded according to either:

An oral presentation of an academic paper (preferably policy oriented) on the last day of class

(ideally a public policy assessment). A simple outline for the presentation can be

- The topic and justications for policy intervention

- The policy choices made and the way the policy is implemented

- The impact evaluation strategy and the main results

- The policy lessons to be drawn

A structured 2-pager on a particular urban issue

- The topic and the justications for policy intervention

- The policy choices made

- The failures and success of implemented policies

- The policy lessons to be drawn

Trade



Teacher:Anne-Celia DISDIER

Presentation: The course focuses on the empirical analysis of trade and trade policy. It will pro-

vide students with a standard toolkit in the eld: gravity equations derived from theoretical models;

protection, transfers and the effects of partial liberalization; direct and indirect measurement of pro-tection with a focus on non-tariff measures; access to trade and protection data; measurement of

specialization and market positioning; trade and environment; CGE modeling.

Aid, Debt and International Finance



Teachers: Lisa CHAUVET, Arthur SILVE

Presentation:This course introduces to the analysis of international capital ows and of the sus-

tainability of developing countries debt. It also provides an analysis of the debate over aid effec-tiveness. The relative effectiveness of alternative sources of development nancing will also be ana-

lyzed. The rst four sessions will be devoted to international aid while the four remaining courses will

deal with international nance and debt.

Economic Geography, Spatial Inequality & Regional Development



Teachers: Miren LAFOURCADE, Sandrine MESPLE-SOMPS

Presentation: Economic Geography is concerned with fundamental questions about the location ofeconomic activity: what causes economic activity to be unequally distributed across space? Is regio-

nal integration a force triggering spatial disparities? Can location patterns be explained by general

rules? What location specicities explain the exceptions to these rules? What are the policy implica-


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Course Booklet

tions to be drawn?

The rst part of the course starts with several insights drawn from comparing different indices of

spatial inequalities computed both at the worldwide level (so as to make the North-South dichotomy

salient) and at the European scale, with a particular historical focus on French regional disparities.

Then, it moves to the presentation of the models expanded to understand the key economic foun-

dations of location patterns, and to show that the decline of trade costs raises a difcult trade-off for

policy-makers, as it gives rms and workers new incentives to cluster into specic regions to benetfrom increasing returns to scale, which in turn exacerbates spatial disparities.

The second part of the course turns to the question spatial disparities in less developed countries.

First, it focuses on a recurrent debate in development economics regarding the impact of geogra-

phic factors on spatial disparities. Second, it presents several models of the urbanization process in

less developed countries, and discusses their policy implications and empirical validations. In par-

ticular, it examines the intra-country income disparities within Brazil and China. Finally, the course

ends up by exploring the micro-empirical foundations of spatial income disparities using household

panel data, to understand why poor populations concentrate in specic areas. It also investigates

the policies that can be implemented to prevent the constitution of poverty traps or to escape them.

Sustainable Development and Climate Change



Teachers:Katheline SCHUBERT, Franck LECOCQ

Presentation: Sustainable development is a broad-ranging concept rather than a narrowly dened

eld of study. As a result, this course is broad in scope, providing an overview of the underlying prin -

ciples, beliefs and issues and their interconnections.

But this course also addresses specic issues in economic/environmental sustainability.

The rst part of the course thus presents (i) the theory of natural non-renewable resources, with an

emphasis on fossil fuels; the implication of their scarcity for the growth process: Are there physicallimits to growth? What about intergenerational equity? Which economic policies can handle the fact

that burning fossil fuels is polluting? (ii) the preservation of renewable natural resource stocks (she-

ries, forests, water, biodiversity); (iii) the sustainable development indicators, both on a theoretical

point of view and on an empirical one.

The second part of this class will review the latest ndings from climate change science, highlighting

robust results and key uncertainties about the climate system, the impacts of climate change and

the costs of action; provide an update on the current initiatives to address climate change (among

others, existing schemes to manage greenhouse gas emissions and status of on-going post-Kyoto

negotiations) and discuss how the economist toolbox (such as discounting, valuation of environmen-

tal resources or economic instruments to mitigate externalities) can provide insights on key deci-

sions about the climate problem, such as (i) What should developing countries do, if any, with regardto climate change given their limited resources and the importance of other short-term challenges

they are facing; (ii) Is there a rationale for early action in the presence of long-term uncertainties on

climate change damages?; (iii) What kind of instrument should be introduced to induce mitigation:

tax vs. permit? and (iv) Which lessons can be drawn from the implementation of a cap-and-trade

scheme? As an illustrative example forest management will be studied in depth: how to make plan-

tation decisions in the context of uncertainty about climatic conditions in the future? How to balance

the management of forests between market- and non-market benets on climate change? Who will

likely be hit hardest by climate change and lack the resources to adapt?


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Master PPD

Migration & Migrants - immigration, Citizenship, Churches-State

and Antidiscrimination Policies and Laws



Teacher: Patrick WEIL

Presentation:This seminar will examine immigration, citizenship, secularization, integration andanti-discrimination laws and policies in comparative perspective, including mainly European (espe-

cially French, British and German) and North American cases but also Asian and African ones. In

these domains in particular, National laws and policies have been and continue to be inuenced (or

counter inuence) by foreign experiences. Each session will consider the analysis and the interpre-

tation of key policy reforms across national boundaries (for example the quota system in Immigra-

tion policies, dual citizenship, denaturalisation, adaptation to religious diversity or legal treatment of

ethnic discriminations). The seminar will have a strong multidisciplinary dimension.

National Governance

Location:JOURDAN Year:M2 Semester: S2Lectures: 12h ECTS: 1.5

Teacher:Carlos WINOGRAD

Industrial Dynamics in Japan and Korea : frms strategies and public policies



Teacher: Sbastien LECHEVALIER

Presentation:Deindustrialization is a major issue for all industrialized countries, in Europe and in

America. This is also the case for Japan and Korea, two countries that have experienced an econo-mic development based on the growth of manufacturing industries and that are particularly concer-

ned by the rise of China in the international division of labor.

The aim of this seminar is to provide various tools of analysis (economic history, international eco-

nomics, industrial economics, innovation economics, and nance) to study industrial dynamics in

Japan and Korea, with a focus on public policies.

NB: A 3 years research project of Fondation France-Japon de lEHESS on Industrial dynamics in

Japan and Korea will be launched from April 2011.

Economics of Corruption


Lectures: 12h ECTS: 1.5

Teacher:Ariane LAMBERT-MOGILIANSKY

Presentation:Session 1: Introduction

- Denitions of corruption and overview of corruption in the world.

- Corruption and Public economics

- Corruption in Regulation 1 - General

Session 2: Corruption in Regulation 2

- Corruption and collusion in Public-Private Partnerships

- Corruption in extractive industry: the resource curse

Session 3: Corruption and Development 1

- The efcient corruption argument


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Course Booklet

- Corruption and Growth

- Corruption in licensing

- Inefcient investment: white elephants

- Extortion of foreign rms in weak governance country

Sance 4: Corruption and Development 2

- Decentralization versus decentralization and government accountability,

- Privatization and corruption

- A theory of mis-governance

- Empirical analysis of corruption

Economics of Regulation in Developing Countries



Teacher:Liam WREN-LEWIS

Presentation: The course will study government intervention in the provision of infrastructureand other domestic markets. The focus will be on the interaction between regulation and two key

aspects of developing countries: the need for rapid growth, and the weakness of institutions. The

course will be founded in economic theory, and will bring in empirical work and case studies where

applicable.

1- Introduction

- What do we mean by regulation?

- Why regulate?

- What is special about developing countries?

2- Infrastructure investment: Impacts, needs and history

- Evidence on the importance of infrastructure- The investment gap

- Some history of infrastructure development in developed countries

3- Private involvement in infrastructure and its regulation

- A basic model of private sector monopoly regulation

- Why privatise? Why not?

- Different types of private involvement

- Empirical evidence on privatisation

4- Regulation of infrastructure in a context of weak institutions

- Extensions of the basic model of regulation for developing countries

- Some empirics and/or case studies

5- Regulating land and natural resources in a context of weak institutions

- Natural resource extraction

- Land transfers and their regulation

- Bundling with infrastructure

6- Liberalization and regulation of competitive markets

- Barriers to entry

- Reasons for and against liberalization

- Industrial policy through regulation

7- Other topics in regulation in developing countries

- Financial regulation in developing countries

- Environmental regulation


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Master PPD

- Fair-trade complement or substitute?

- Regulation and the informal economy

(The nal syllabus may change slightly from above)

Teaching Method: Lectures accompanied by student presentations and class discussion

Assessment Method: Student presentations and / or discussions & Written Exam

Conict and Development



Teacher: Oliver VANDEN EYNDE

Presentation:

Purpose of the course

This course introduces second year APE and PPD students to the recent literature on conict and

economic development. The course discusses a limited set of academic articles in depth. Students

are expected to read these articles before each lecture. Certain readings (indicated by a star, star-

ting from week 3) will be presented by a small group and discussed by a different group. These rea-

dings will be assigned in the rst lecture.

Evaluation

80% of the nal mark will be based on a written exam at the end of the course. 20% will be based

on the discussion (10%) and presentation (10%) of one of the starred readings.

Background reading

Blattman, Christopher and Edward Miguel. 2010. Civil War, Journal of Economic Literature, 48 (1),

p. 3-57.

Week 1 1.1 Contest functions

Week 2 1.2 Rationalising civil war

Week 3 The empirical consequences of civil war

Week 4 The empirical causes of civil war

Week 4 The politics of civil war

Week 5 Ethnicity, inequality, and polarization

Week 6 The labour market for rebels

Week 7 Hearts and minds: the role of the civilian population

Week 8 Terrorism

Quantitative Methods

Survey Design and Analysis



Teacher: Dominique GOUX

Presentation:This course introduces statistical survey techniques. It presents the different tech-

niques available to dene and select a sample, to collect the data and to present the statistical

results. It shows how to construct a questionnaire. It demonstrates the importance of the detailed

wording and formulation of each questions as well as the importance of the overall organization of

the questionnaire. It shows why each methodological choice and each technical step is crucial forthe quality of the results. Any given concept (unemployment, immigration, income) has as many

denitions and interpretations as there exist ways to measure it. The course will be based on a large

number of examples of surveys. This course will be taught in French.


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Course Booklet

Micro-simulations and Public Policies



Teachers:Anne-Sophie ROBILLIARD, Antoine BOZIO

Presentation:The past decade has seen the rapid development of micro-simulation models (MsM)

and techniques for the evaluation of public policies. MsM are models that start with large-scale

representative surveys of households or individuals to which are added several kinds of information:

data from other surveys and databases, imputations and statistical matches, program rules, and

behavioral assumptions. The purpose of this course is to present micro-simulation models and tech-

niques that have been implemented and used both in developed and developing countries.

Short-term Economic analysis



Teacher:Delphine IRAC

Presentation:

Outline

This course studies tools for short term economic analysis. The goal is to help students build a cri-

tical analysis of the current economic situation. This course starts with a signicant review of time

series models and other quantitative aspects of short-term economic analysis. A general overview

of the existing hard and soft data is provided. Different aspects of economic activity will be covered:

GDP and its components; ination; labor market variables; international environment; medium-term

analysis of public debt dynamics. Students will then gain understanding of the different techniques

of analyzing business cycles and forecasting: extracting information in a data rich environment,

ltering, dating turning points. They will see the role of large scale macro-econometric models in

developing a robust analysis of medium term economic developments. We will cover the concepts

of potential output, NAIRU, output gap, volatility.

The course is designed to prepare students who are interested in a job of economic analyst but also

very well tailored for students who wish to get familiar with the basic methodological and practical

tools of short term economic analysis. The course will include six computer lab sessions in Eviews.

The course will be taught in English.

Textbooks:

Economic Forecasting , Carnot, Koen, Tissot

Elements of forecasting Diebold

Time series analysis Hamilton

SyllabusFirst session: General introduction

I-A First principles of short term economic analysis

I-B Time series and frequency approaches of a variable; Refresher on linear recurrence relations

with constant coefcients

Second session: Making sense of the data and forecasting stationary time series

Third session: Working with a data rich environment (I)

Fourth session: ARIMA model. Working with non stationary time series

Fifth session: Working with a data rich environment (II)

Sixth session: Ination dynamics

Seventh session: Output gap


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Master PPD

Conferences

CEPREMAP Conferences

Location:JOURDAN Year:M1/M2 Semester: S1&S2


Presentation:The CEPREMAP conferences are single-conferences or mini-courses performed bysenior economists from national or international administrations or institutions. They will present a

policy question and how their institution manages it and proposes prescriptions. For a given confe-

rence, you have to prepare it by groups including - before the conference: a short text on the orator,

her/his work and a survey on the theme of the conference.

- during the conference : questions for launching the discussion

The size of the group is proportional to the length of the conference.

There is no exam but a validation taking into account the collective job of each group and the indivi-

dual presence at the complete cycle of conferences.

Full program is available beginning of October.


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Public Policy & DevelopmentMasters Programme

Campus Jourdan

48 boulevard Jourdan

75014 PARIS

Email: [email protected]

Tel: +33(0)1 43 13 63 43 / 42

http://www.parisschoo

lofeconomics.eu/fr/formations-et-vie

-etudiante/program

me-ppd/

brochure ppd synopsis

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